Summary
TLDR: Telegram founder Pavel Durov hints at possible IPO, leading to surge in price of Toncoin (TON). TON’s price reaches $3.84, highest since 2021. Telegram has 900 million users, nearing profitability, rejects $30 billion investment offers. Durov plans to keep Telegram independent through IPO. Telegram to share ad revenue with channel owners in Toncoin. Notcoin, a viral game on Telegram, to launch crypto token (NOT) on The Open Network.
Key Points
1. Telegram is considering an initial public offering (IPO), which has led to a surge in the price of The Open Network’s Toncoin (TON).
2. Despite dropping the Telegram Open Network project in 2020 due to issues with the SEC, The Open Network has continued independently and is now increasingly integrated with Telegram.
3. Pavel Durov, the founder and CEO of Telegram, revealed that the messaging app now has 900 million monthly users and is nearing profitability. He has rejected investment offers in favor of pursuing an IPO to keep Telegram independent.